Buying Investment Property

Buying Investment Property

Buying property as an investment is one of the smartest financial decisions a person can make. The trick is to buy the right property for the right price. That can be easier said than done. A turn key property is great is you want to actually live there, but if you are looking to buy a house on the cheap to flip for a profit or possibly rent out then you need look beyond on those picture perfect homes. Continue reading “Buying Investment Property” »

Buy to Let Insurance

What is Buy to Let Insurance?

More and more these days, people are finding alternative sources of income and investments. Many resort to taking more than one job or trying to get involved in passive sources of income. One of the most common sources of passive income is rental income. If you plan to rent a property you own or you are just about to buy a rental property, you may need to protect it from incidents that may harm your investment. Continue reading “What is Buy to Let Insurance?” »

Rent vs Own

Rent vs Own – Which one is really better?

There may come a point in your life when you will need to search for a new home. Finding a new place to live is a huge decision for anyone. During these trying financial times, you will have to choose between rent vs own. You might stop to ask yourself which option is better for you? For obvious reasons, these choices are present because of the cost of owning a home or your ability to finance the new home. Continue reading “Rent vs Own – Which one is really better?” »

Negotiate a Price

Negotiate a Price

Once you have finished your price estimation for a selected home, you need to negotiate a price with the seller of the home. Now, you are going to make an offer, and this is the start of the negotiation. Some sellers set prices above the price that they will accept. During negotiation this slightly higher price creates a buffer margin for them. Because of the higher set prices of homes, most sellers are willing to accept less than their original asking price. Remember, your goal is to make sure that you do not pay more than you have to for the home. Continue reading “Negotiate a Price” »